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0 pointsstephc_int133y ago0 comments

You are right.

But the trick, in this case is parsimony, the opposite strategy of what VCs do.

Only shorting when I am 100% positive the idea is a fail.

0 comments

I promise you, you would've thought Airbnb & Uber were dumb ideas and you would've shorted them.

Uber had to fight an absolutely massive taxi lobbies and what they were doing was illegal in a ton of cities.

With Airbnb, you had hotel lobbies and the idea of letting a stranger come stay in your home didn't seem like it would become a mainstream thing.

Anyway, you've been able to easily short crypto for the last 8 years. Have you shorted any at all?

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